Progrediens
ActiveSummary
Progrediens has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-83
Solvency46▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.13 against 0.16 in 2024; short-term debt: 79.3% and cash: 9.7% of total assets), and 79.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.7%
Return on assets
-3.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
17 d early
2024
28 d late
2023
on the day
2022
11 d early
2021
5 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€46k▼ 12.9%
2024 · €53k
2021: €19k
2022: €-11k▼ -157% vs 2021lowest in 5 years
2023: €-1k▲ +89.8% vs 2022
2024: €53k▲ +5069% vs 2023highest in 5 years
2025: €46k▼ -12.9% vs 2024
2021 → 2025
Total assets
€225k▼ 2.5%
2024 · €230k
2021: €506k
2022: €2.31M▲ +356% vs 2021highest in 5 years
2023: €168k▼ -92.7% vs 2022lowest in 5 years
2024: €230k▲ +37.3% vs 2023
2025: €225k▼ -2.5% vs 2024
2021 → 2025
Net result
€-7k
2024 · €54k
2021: €-31klowest in 5 years
2022: €-29k▲ +7.4% vs 2021
2023: €10k▲ +133% vs 2022
2024: €54k▲ +473% vs 2023highest in 5 years
2025: €-7k▼ -113% vs 2024
2021 → 2025
Working capital
€-154k▼ 4.5%
2024 · €-148k
2021: €16khighest in 5 years
2022: €-14k▼ -187% vs 2021
2023: €-4k▲ +72.1% vs 2022
2024: €-148k▼ -3665% vs 2023
2025: €-154k▼ -4.5% vs 2024lowest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€-11k€-1k▲ 89.8%€53k€46k▼ 12.9%
2021: €19k
2022: €-11k▼ -157% vs 2021lowest in 5 years
2023: €-1k▲ +89.8% vs 2022
2024: €53k▲ +5069% vs 2023highest in 5 years
2025: €46k▼ -12.9% vs 2024
Operating result€-13k-€-9k▲ 24.6%€-11k▼ 13.3%€59k€-4k
2021: €-13klowest in 5 years
2022: €-9k▲ +24.6% vs 2021
2023: €-11k▼ -13.3% vs 2022
2024: €59k▲ +653% vs 2023highest in 5 years
2025: €-4k▼ -107% vs 2024
Net result€-31k-€-29k▲ 7.4%€10k€54k▲ 473%€-7k
2021: €-31klowest in 5 years
2022: €-29k▲ +7.4% vs 2021
2023: €10k▲ +133% vs 2022
2024: €54k▲ +473% vs 2023highest in 5 years
2025: €-7k▼ -113% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €59k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets
€201k ▼ 0.1%
Current assets
€24k ▼ 18.7%
Equity and liabilities €225k
Equity
€46k ▼ 12.9%
Debt
€178k ▲ 0.7%
Debt's share of the balance-sheet total rises from 76.8% to 79.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2024 · €59k
Cash flow
€-7k▼
2024 · €55k
Current ratio
0.13▼
2024 · 0.16
Debt to equity
3.83▲
2024 · 3.32
ROE
-14.9%▼
2024 · 102.0%
ROA
-3.1%▼
2024 · 23.6%
Interest coverage
-1.59▼
2024 · 13.58
Debt ≤ 1 year
€178k▲
2024 · €177k
Income taxes
€0▼
2024 · €913
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€230k€225k▼
Fixed assets21/28€201k€201k▼
Tangible fixed assets22/27€198k€198k=
Land and buildings22€198k€198k=
Plant, machinery and equipment23€0-
Financial fixed assets28€3k€3k▼
Current assets29/58€29k€24k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€67€875▲
Trade receivables40€0€471▲
Other amounts receivable41€67€404▲
Cash at bank and in hand54/58€29k€22k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€230k€225k▼
Equity10/15€53k€46k▼
Contributions10/11€50k€50k=
Profit (loss) carried forward14€3k€-4k▼
Amounts payable17/49€177k€178k▲
Amounts payable within one year42/48€177k€178k▲
Trade debts44€892€389▼
Suppliers440/4€892€389▼
Taxes, remuneration and social security45€913€0▼
Taxes450/3€913€0▼
Other amounts payable47/48€175k€178k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€104€0▼
Other operating charges640/8€1k€968▼
Gross operating margin9900€61k€-3k▼
Operating profit (loss)9901€59k€-4k▼
Financial income75/76B€442€0▼
Recurring financial income75€442€0▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€55k€-7k▼
Income taxes67/77€913€0▼
Profit (loss) for the period9904€54k€-7k▼
Profit (loss) for the period to be appropriated9905€54k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-4k▼
Profit (loss) brought forward from the previous period14P€-51k€3k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €313 | €417 | €417 | €104 | €0 | ▼ 100% |
| Other operating charges640/8 | €835 | €28 | €348 | €1k | €968 | ▼ 21.8% |
| Gross operating margin9900 | €-11k | €-9k | €-10k | €61k | €-3k | ▼ 105% |
| Operating profit (loss)9901 | €-13k | €-9k | €-11k | €59k | €-4k | ▼ 107% |
| Financial income75/76B | - | €10k | €21k | €442 | €0 | ▼ 100% |
| Recurring financial income75 | - | €10k | €21k | €442 | €0 | ▼ 100% |
| Financial charges65/66B | €19k | €29k | €1k | €4k | €3k | ▼ 39.0% |
| Recurring financial charges65 | €19k | €29k | €1k | €4k | €3k | ▼ 39.0% |
| Profit (loss) for the period before taxes9903 | €-31k | €-29k | €10k | €55k | €-7k | ▼ 112% |
| Income taxes67/77 | - | - | - | €913 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €-31k | €-29k | €10k | €54k | €-7k | ▼ 113% |
| Profit (loss) for the period to be appropriated9905 | €-31k | €-29k | €10k | €54k | €-7k | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €506k | €2.31M | €168k | €230k | €225k | ▼ 2.5% |
| Fixed assets21/28 | €4k | €4k | €3k | €201k | €201k | ▼ 0.1% |
| Tangible fixed assets22/27 | €938 | €521 | €104 | €198k | €198k | = |
| Land and buildings22 | - | - | - | €198k | €198k | = |
| Plant, machinery and equipment23 | €938 | €521 | €104 | €0 | - | - |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | ▼ 9.0% |
| Current assets29/58 | €503k | €2.30M | €165k | €29k | €24k | ▼ 18.7% |
| Stocks and contracts in progress3 | €485k | €1.88M | €137k | €0 | - | - |
| Stocks30/36 | €485k | €1.88M | €137k | €0 | - | - |
| Amounts receivable within one year40/41 | €80 | €416k | €26k | €67 | €875 | ▲ 1,208% |
| Trade receivables40 | - | - | €26k | €0 | €471 | - |
| Other amounts receivable41 | €80 | €416k | €1 | €67 | €404 | ▲ 504% |
| Cash at bank and in hand54/58 | €17k | €9k | €2k | €29k | €22k | ▼ 25.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €506k | €2.31M | €168k | €230k | €225k | ▼ 2.5% |
| Equity10/15 | €19k | €-11k | €-1k | €53k | €46k | ▼ 12.9% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €-31k | €-61k | €-51k | €3k | €-4k | ▼ 205% |
| Amounts payable17/49 | €488k | €2.32M | €169k | €177k | €178k | ▲ 0.7% |
| Amounts payable within one year42/48 | €486k | €2.32M | €169k | €177k | €178k | ▲ 0.7% |
| Financial debts43 | €397k | €2.17M | €0 | - | - | - |
| Credit institutions430/8 | €397k | €2.17M | €0 | - | - | - |
| Trade debts44 | €334 | €126k | €186 | €892 | €389 | ▼ 56.4% |
| Suppliers440/4 | €334 | €126k | €186 | €892 | €389 | ▼ 56.4% |
| Taxes, remuneration and social security45 | - | - | €3k | €913 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €3k | €913 | €0 | ▼ 100% |
| Other amounts payable47/48 | €89k | €21k | €165k | €175k | €178k | ▲ 1.5% |
| Accrued charges and deferred income492/3 | €1k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-31k | €-29k | €10k | €54k | €-7k | ▼ 113% |
| + Depreciation and write-downs630 | €313 | €417 | €417 | €104 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €-31k | €-29k | €10k | €55k | €-7k | ▼ 113% |
| Investment in fixed assets (approximation) | - | €-248 | €248 | €-198k | €248 | ▲ 100% |
| Change in cash | - | €-9k | €-7k | €27k | €-7k | ▼ 127% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
30-09
Financial
Highest result since 2021net €54k ▲473%
Operating result €59k, net result €54k, both a record.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Asse · 1 establishment unit since 2020
Ground area
650 m²
Building footprint
156 m²
Volume, LiDAR
766 m³
Parcel 23322E0054/00D000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
PROGREDIENS
since 20202.302.661.125
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0054/00D000 | Flanders | 650 m² | 1 · 156 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-05-2020
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
64210Activities of holding companies
68110Buying and selling of own real estate
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.